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Recognized as the birthplace of the American Industrial Revolution, New Jersey continues to be a major force in the manufacturing industry. While chemical, pharmaceutical, petroleum and food manufacturing have been traditional strongholds in the State, New Jersey companies manufacture just about everything under the sun – computers and consumer electronics, machinery, medical equipment, paper, plastics and rubber products, life-saving drugs and more.
Global giants like Novartis, Campbell Soup Company, BASF, Honeywell, Konica Minolta, Panasonic, Pinnacle Food Group and Unilever all have headquarters in New Jersey. Recognizing the strategic advantages, industry leaders like Anheuser-Busch, Benjamin Moore, Bristol-Myers Squibb, Chemours, Lockheed Martin and Mondelez produce products as diverse as food and beverage, health and beauty aids, building materials, flavors and fragrances, and high-tech defense components here.
New Jersey’s nearly 10,000 manufacturing establishments directly employ close to 250,000 workers, contributed more than $41.6 billion to New Jersey GDP in 2013, and account for almost 90% of New Jersey exports.
A Manufacturing Powerhouse
UNILEVERHONEYWELL
MARS CHOCOLATE
BASF
MONDELEZ
LOCKHEED MARTIN
BENJAMIN MOORE
CAMPBELL’S
CHEMOURS
GAFPANASONIC
SYMRISE
BRISTOL-MYERS SQUIBB
ANHEUSER-BUSCH
PHILLIPS 66NOVARTIS
NEW JERSEY
LOCATION, LOCATION, LOCATIONNew Jersey’s strategic location in the heart of one of the most concentrated and affluent consumer markets in the world, and its world-class transportation infrastructure offering unsurpassed access to national and international markets, make it a natural fit for the manufacturing industry.
The State is within a day’s drive of more than 130 million consumers with $3 trillion in disposable income, as well as thousands of retailers, making it an attractive place for manufacturers to do business. A distribution center in central New Jersey can serve more than 22 million consumers with nearly $800 billion in income within a 2-hour drive. This makes New Jersey ideal for same-day deliveries, attracting companies like Amazon, Fresh Direct, HelloFresh, Peapod and ShopRite.
New Jersey’s ideal location in the heart of the Northeast corridor of the United States also gives manufacturers strategic access to the world’s trade and financial centers, including New York and Washington D.C. In fact, New Jersey offers unparalleled access via road, rail, air or sea to nearly every place in the world.
The State has unrivalled road and rail networks, including 2,800 miles of interstates and highways, and the nation’s highest railroad density, with 2 Class I railroads and 17 commuter rail lines. Newark Liberty International Airport and nearby airports offer daily non-stop flights to more than 90 U.S. cities and 110 international destinations.
New Jersey is also home to the Port of New York and New Jersey, the 3rd largest seaport in North America and the largest maritime cargo center on the East Coast, making it easy to import and export goods and products. Major capital projects are currently underway at New Jersey’s ports to ensure they are ready for post-Panamax activity, including a $743.3 million rebuilding project to raise the clearance of the Bayonne Bridge. New Jersey also boasts 5 foreign trade zones, including one of the largest contiguous Foreign-Trade Zones in the U.S. – FTZ #49 at Port Newark/Elizabeth.
THERE ARE MANY BENEFITS OF OPERATING IN NEW JERSEY. WE BRING IN PAPER FROM ALL OVER THE WORLD, SO IT’S IMPORTANT FOR US TO BE NEAR THE MAJOR PORTS. WE ALSO SHIP INTERNATIONALLY, SO WE MUST BE CLOSE TO PROFICIENT TRANSPORTATION. THE NEW JERSEY SCHOOL SYSTEMS ARE GOOD, AND WE’RE LOCATED LESS THAN AN HOUR FROM AIRPORTS AND NEW YORK CITY.Lisa Hirsh, President and CEO,Accurate Box Company
HIGHLY EDUCATED, HIGHLY SKILLEDNew Jersey has one of the most highly educated, highly skilled workforces in the nation, which makes it easy for manufacturers to recruit top talent. With more scientists and engineers per square mile than anywhere in the world, manufacturers like Pinnacle Foods and Unilever not only have headquarters in the State, but also have their R&D and innovation centers in New Jersey.
New Jersey’s highly educated workforce and access to nationally-ranked universities like Princeton, Rutgers, Stevens Institute of Technology and New Jersey Institute of Technology (NJIT), also make it possible for manufacturers to combine innovative research with cutting-edge processes to create the products of tomorrow, today. More than 48% of the State’s manufacturing industry is classified as advanced manufacturing as compared to the national average of 42%.
Ranked #2 in the Northeast U.S. for workforce development, New Jersey also has a well-earned reputation for its workforce development and training programs. Created with grants issued by the New Jersey Department of Labor and Workforce Development, New Jersey’s Talent Networks connect employers with trained employees in major industry clusters, including manufacturing. The Advanced Manufacturing Talent Network, which is operated by NJIT, develops strategic partnerships with employers, educators and workforce development professionals to ensure the State’s workforce addresses the rapidly-changing needs of employers.
Other related programs include Employee Training Grants, Apprenticeship Training and On-the-Job Training programs which help companies find and train employees that will help them grow in an increasingly competitive business environment. The Community College Consortium for Workforce and Economic Development ensures New Jersey companies have a one-point access to the vast resources of community colleges throughout the State.
OUR HARDWARE IS THE PRIMARY PROVIDER OF THE GPS SIGNAL IN SPACE THAT IS USED BY THE WORLD EVERY DAY. IT WAS DEVELOPED BY OUR ENGINEERS IN NEW JERSEY.Joseph Rambala, Vice President/General Manager, Position, Navigation & Timing,Exelis GS
A WORLD-CLASS INFRASTRUCTURE New Jersey’s top utility companies have been investing billions of dollars into infrastructure improvements to make the State’s utilities resilient, at the forefront of innovation and the backbone of manufacturing in New Jersey.
From hardening and improving electric and gas systems to piloting state-of-the-art software to ensure clean, reliable water service, New Jersey utility companies are building the infrastructure of tomorrow, today. Ranked #3 in the nation for solar power capacity, several clean energy projects - from wind farms to solar panels – also are underway or on the horizon to meet the State’s goal to use 30% of electricity from renewable sources by 2020.
Manufacturers in New Jersey also have access to one of the most extensive broadband networks in the U.S. The State’s broadband speeds are among the fastest in the nation.
INCENTIVES TO SUPPORT GROWTHNew Jersey streamlined its financial incentive programs through the 2013 Economic Opportunity Act, making it easier for companies to qualify for tax credits that are fully transferrable. Companies may qualify for tax breaks by creating as few as 25 full-time jobs (10 for new technology startups and manufacturing businesses). The following program may be especially useful to Garden State manufacturing companies:
Grow New Jersey Assistance Program (Grow NJ): Provides tax credits ranging from $500 to $5,000 per job, per year, over ten years, with numerous bonus credits each ranging from $250 to $3,000 per job, per year if the project meets certain requirements. Maximum awards can reach as high as $15,000 per job, per year, and projects can earn up to $300 million over 10 years.
NJ MANUFACTURING
BY THE NUMBERSMARITIME CARGO CENTER ON THE EAST COAST
INTERNATIONAL AIRPORTS & EASY ACCESS TO 3 MORE
FOREIGN TRADE ZONES
STATE FOR MANUFACTURING
MILES OF FREIGHT RAIL LINES
MILES OF INTERSTATES AND HIGHWAYS
MANUFACTURING ESTABLISHMENTS
WORKERS EMPLOYED IN MANUFACTURING
CONSUMERS WITHIN A 2-HOUR DRIVE OF A CENTRAL NJ DISTRIBUTION FACILITY
#1
2
5#12
1,0002,800
10,000
250,000
22M
OTHER RESOURCES FOR MANUFACTURERSManufacturing Equipment and Employment Investment Tax Credit:New Jersey manufacturers may qualify for a tax credit for the acquisition of manufacturing equipment and/or for an increase in New Jersey employees due to the equipment investment.
Customized Training Grants:The New Jersey Department of Labor & Workforce Development offers competitively awarded training funds to help businesses develop industry-specific solutions to their workforce training challenges.
New Jersey Manufacturing Extension Program (NJMEP):The NJMEP program offers technical and management solutions to assist manufacturing companies to become more productive, profitable and globally competitive.
Loans, Loan Guarantees, Bond Financing and More:The New Jersey Economic Development Authority offers a wide range of programs that provide access to capital to meet the specialized needs of manufacturing companies large and small.
Unlike many U.S. states, New Jersey has no personal property tax on machinery, equipment or inventory.
TOP OCCUPATIONS WITHIN MANUFACTURING SUB-GROUPS
ADVANCED MANUFACTURING New Jersey Employment
Packaging and Filling Machine Operators and Tenders 5,004Inspectors, Testers, Sorters, Samplers, Weighers 4,492Supervisors of Production and Operating Workers 4,310Machinists 3,492Electrical and Electronic Equipment Assemblers 3,401Mixing and Blending Machine Operators 2,862Chemical Equipment Operators 2,820Team Assemblers 2,709General and Operations Managers 2,643Chemists 2,597
CHEMICAL MANUFACTURING New Jersey Employment
Packaging and Filling Machine Operators 4,890Chemical Equipment Operators 2,770Mixing and Blending Machine Operators 2,620Chemists 2,520Inspectors, Testers, Sorters, Samplers, Weighers 2,020Supervisors of Production Workers 2,010Laborers and Freight and Stock 1,660Extruding, Forming, Pressing, & Compacting Machine Operators
1,610
Chemical Technicians 1,430Industrial Machinery Mechanics 1,390
COMPUTER & ELECTRIC PRODUCT MANUFACTURING
New Jersey Employment
Electrical and Electronic Equipment Assemblers 3,130Inspectors, Testers, Sorters, Samplers, Weighers 910Electromechanical Equipment Assemblers 870Mechanical Engineers 800Software Developers, Systems Software 780Software Developers, Applications 650Supervisors of Production Workers 620Electrical Engineers 590Electrical and Electronic Equipment Assemblers 540Computer Hardware Engineers 450
FABRICATED METAL PRODUCT MANUFACTURING
New Jersey Employment
Machinists 1,740Cutting, Punching, and Press Machine Operators 1,380Supervisors of Production Workers 1,090Welders, Cutters, Solderers, and Brazers 870Computer-Controlled (CNC) Machine Tool Operators 830Team Assemblers 540Wholesale Sales Representatives 520Inspectors, Testers, Sorters, Samplers, Weighers 500Sheet Metal Workers 480Coating, Painting, and Spraying Machine Operators 470
MACHINERY MANUFACTURING New Jersey Employment
Machinists 1,740Team Assemblers 1,380Supervisors of Production Workers 1,090Computer-Controlled (CNC) Machine Tool Operators 870Wholesale Sales Representatives 830Engine and Other Machine Assemblers 540Mechanical Engineers 520Electromechanical Equipment Assemblers 500Industrial Production Managers 480Shipping, Receiving, and Traffic Clerks 470
Burlington County9,314
Ocean County2,021
Mercer County5,709
Monmouth County5,156
Middlesex County17,109
Camden County5,375
Cape May County
170
Atlantic County679
Cumberland County3,796
Salem County1,801
Gloucester County2,789
Somerset County10,952
Hunterdon County1,249
Warren County2,025 Morris County
18,195
Sussex County1,173
Passaic County8,170
Bergen County15,827
Essex County8,187
Union County11,558
HudsonCounty1,389
2013 Advanced Manufacturing Employment
20,000-15,001
15,000-7,001
7,000-3,001
3,000-1,501
1,500-1
New Jersey Total: 133,697
Data Source: Quarterly Census of Employment & Wages, 2013 Annual Averages, NJLWD
ADVANCED MANUFACTURING EMPLOYMENT
ACCESS TO ROADS, RAIL & MAJOR CITIES
Train Stations Major HighwaysNew Jersey Cities
Philadelphia
New York City
Jersey City
Princeton
Trenton
Camden
Hoboken
Newark
Atlantic City
New Brunswick
Parsippany
Bridgewater
Morristown
MANUFACTURING CLUSTERS (SELECTED)
Honeywell
BASF
Panasonic
Benjamin Moore
Lockheed Martin
Bristol-Myers Squibb
Chemours
Anheuser-Busch
GAF
Symrise
Konica Minolta
Shiseido
Soundview PaperGivaudan
Barrette Outdoor
Sandvik
Accurate Box
Marine Electric Systems
Firmenich
International Flavors & Fragrances (IFF)
Snow’s/Doxee
Durand Glass
Diamond Chemical
Gerresheimer Glass
Gerdau Ameristeel
Injectron
Campbell Soup Company
Mondelez
Mars ChocolatePinnacle Foods
Wenner Bread
Dr. Schar
Promotion in Motion
Unilever
General Mills/Progresso
Readington Farms
Ready Pac Produce
Bai Brands
Manufacturing Companies (A Representative Sampling)
Food Manufacturing Companies (A Representative Sampling)
Burlington County96.1%
Ocean County98.3%
Mercer County97.8%
Monmouth County99.5%
Middlesex County99.3%
Camden County97.5%
Cape May County95.8%
Atlantic County95.1%
Cumberland County93%
Salem County94.3%
Gloucester County97.7%
Somerset County99.3%
Hunterdon County86.8%
Warren County52.2% Morris County
99.8%
Sussex County22.9%
Passaic County100%
Bergen County97%
Essex County99.5%
Union County99.7%
HudsonCounty99.7%
Broadband Coverage100 mbps
100-90%
89-60%
59-30%
29-0%
Data Source: Broadbandnow.com (Sourced from: The Broadband Commission, Federal Communications Commission, United States Department of Commerce)
#3 Most Connected State
98.8% have access to wired broadband
(25 mbps or faster)
96.5% have access to wired broadband
(100 mbps or faster)
BROADBAND COVERAGE IN NEW JERSEY
WHY CHOOSE NEW JERSEY
HIGHLY EDUCATED WORKFORCE• 1.7 million workers with college degrees• Highest concentration of scientists and engineers in
the world• Ranked #5 for education and workforce in CNBC’s
2015 “Top States for Business”• 63 colleges and universities, including Princeton
University, Rutgers University, Rowan University and New Jersey Institute of Technology
STRATEGIC LOCATION• At the heart of the Northeast Corridor - #3 logistics
market in the U.S.• Within two-hour drive of 22 million consumers with
$800 billion in income• Within one day’s drive to 130 million consumers with
$3 trillion in disposable income
VAST DISTRIBUTION NETWORK• 25,000+ transportation, logistics, and distribution
companies• Nation’s greatest density of railroads
INTERNATIONAL GATEWAY • 270+ U.S. headquarters of foreign companies• 19 Fortune 500 companies and five Global 500
headquarters• Comprehensive network of world-class seaports and
airports• Nonstop flights to 110 international destinations
GENEROUS INCENTIVES• Powerful financial incentives for attracting and
retaining companies• 100% R&D tax credit
FIRST-CLASS QUALITY OF LIFE• Ranked #1 by Niche Rankings’ “Best States to Raise a
Family in America” in 2015• Diverse population with communities of interest for
international companies• 130 miles of beaches, four professional sports teams,
rich arts and culture
CONTACT Choose New Jersey, Inc. 201 Rockingham Row Princeton Forrestal Village Princeton, New Jersey 08540 phone: 609-297-2200 www.choosenj.com
ABOUT CHOOSE NEW JERSEY, INC.Founded in 2010, Choose New Jersey’s mission is to encourage and nurture economic growth throughout New Jersey, with a focus on our urban centers. Through integrated marketing and business attraction and retention efforts, we stimulate job creation and capital investment, and collaborate with the State’s universities to encourage research, discovery, and innovation.
Privately funded, Choose New Jersey is supported by a prominent group of leaders from many of the State’s Fortune 500 and other top companies, privately-held ventures, labor organizations, associations, and higher education institutions. These organizations represent 1.25 million people, or nearly one-quarter of the State’s private-sector workforce.
Choose New Jersey markets the State as a premier business location to both domestic and international businesses, and offers companies interested in locating or expanding in New Jersey a full range of complimentary services to ensure a smooth process from planning through move-in including:
• Customized RFP responses• Market assessment and planning services• Site visits• State assistance information• Connections to a wide range of services provided by our public and
private partners – from regulatory and legal assistance to workforce training.
© 2016 Choose New Jersey, Inc., a private 501(c)(3) corporation. R 2/16
Peter Coats Economic Development Associatephone: 609.297.2197email: [email protected]